By Alex Stevens

Liverpool have rejected an £8million bid from Swansea for Joe Allen, according to a report.

The Merseysiders are prepared to sell Allen, who has one year left on his contract and has admitted he has not been offered an extension.

According to the Mirror, Liverpool are holding out for £10million for the Wales international.

Allen is said to be open to a move and he wants to play more regular first-team football after struggling to hold down a starting place under Jurgen Klopp.

The central midfielder’s future is likely to be resolved after Euro 2016.

Allen’s stock has risen during the tournament as he has been an integral player of the Wales team that topped their group ahead of England to reach the knockout stages.

This comes after a series of impressive displays for Liverpool in the second half of the 2015-16 season.

The midfielder has scored just seven times in 129 games for Liverpool and it remains unclear what role he might have under Klopp but his energy and neat passing have won admirers from across Europe.

It has been reported that Celtic, Leicester, Stoke, Bournemouth and Sevilla are also keen to secure the 26-year-old services ahead of the new season.

In other Liverpool transfer news, the Merseysiders will make concerted efforts to wrap up another big-money deal in the next seven days.